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8 May 2024 | 112 replies
How about those syndications mate...A Class properties, A class tenants, A class areasThe property we sold was located in a good area.43612.Close to our office with many homeowners.Blue collar working class folks.Good people.High comparable sales which show's consistency in market value.I personally own 3 houses two streets above.Our rehab was exactly what is required for the area and tenant demographic.Not overcapitalizing to keep long term Capex lower.When exiting, I always suggest sprucing up a bit for higher dollar exit.Below are photo's and a basic scope of work of what was delivered along with current comparable sales.Thanks i have done what 150 to 200 fix and flip fundings in Ohio.. probably 80% have basements you talk to anyone about basements in Ohio and basements in Ohio leak/have moisture full stop.. its up to the owner to have them inspected quarterly and remedy wet spots or mold at the first sign..
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4 May 2024 | 6 replies
According to philly's zoning guide a CMX-1 zoned property can be a multifamily property that consists of 1-2 units.
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4 May 2024 | 8 replies
The core 4 consists of a realtor, contractor, property manager, and a lender.
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3 May 2024 | 0 replies
Challenges I face include accountability for my team and having a consistent, affordable cleaning team.
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3 May 2024 | 12 replies
Another trick is to be consistent.
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3 May 2024 | 25 replies
My per unit cash flow would be higher than their per unit rent and in many cases by a whole number multiplier.
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3 May 2024 | 7 replies
1970717,099−3.3%1980636,212−11.3%1990628,088−1.3%2000596,974−5.0%2010594,833−0.4%2020577,222−3.0%2022 (est.)563,305[10]−2.4%Yeah, I see this all the time: you are confusing the City or Milwaukee with its 580k population with the Milwaukee Metro Area, which consists of 1.6 million people and 19 municipalities.We have seen a population shift from Milwaukee proper to the surrounding municipalities, most of the affluent growing.
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2 May 2024 | 10 replies
That $50-100 nightstand will cost 2-3X+ more once you factor in the labor for someone to assemble it, multiplied by 2 for every bedroom.
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3 May 2024 | 12 replies
That way on a 75-80% cashout you can recoup your cost, and possibly add additional cash to your operating account, to scale your progress toward building a portfolio.It's not going to happen overnight but with consistent investments, each additional property should add equity, cash, and monthly cash flow to your portfolio, causing a compounding effect to allow you to scale.Let me know if you have any further questions, but this seems like a great place for you to start.